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A comment on Would the economy be better off without MBA students?. Parent comment

Re:Would the economy be better off without MBA students? by ivix on Wednesday November 28, 2012 @06:18PM (#4845366)
Well, look at some countries with rampant corruption, nepotism and other abuses. They have all the technologies you mentioned available, but generally still do not have economic success.
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Re:Would the economy be better off without MBA students? by unavoidable on Thursday November 29, 2012 @12:26AM (#4846393)
What they're lacking is not professional management, but the rule of law.
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Re:Would the economy be better off without MBA students? by richardjordan on Thursday November 29, 2012 @12:35AM (#4846413)
Absolutely. Rule of law trumps every other factor when it comes to long term success. You can mask a lack of it by flooding a local market with subsidized resources for a while, but that's not sustainable.
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